Finance Minister comments on inquiry conclusions

''The basis of the case brought forward by the investigative committee is that there were problems in the past but in 2013 the Cooperative became sustainable so there was no need ever for additional capital. The Board failed to reduce NPLs because it was incompetent and unsuitable. For this reason the bank collapsed and the Finance Minister is to blame'', said Georgiades during a press conference at the Finance Ministry today.

''This, is in a few words is the conclusion of the investigative committee'', said the Minister....